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Capital Gains – when and to what extent are they exempt from tax
The Income-tax Act grants total/partial exemption of capital gains under section 54, 54B, 54D, 54EC, 54F, 54G, 54GA and 54H. It is possible to avail of multiple exemptions under these sections. However, the aggregate amount of exemption cannot exceed the quantum of capital gain. In this article I shall be explaining exemption of capital gains under section 54, 54EC & […]
India’s Education system – The real truth !
“What is wrong with the education system of India?” This is one of the most asked questions today especially in India. The form that Indian Education System has taken today rather makes one fathom if there is in fact anything that is right about it! “Education is not preparation for life;education is life itself.” -John Dewy Education imparts an individual with […]